Inside Track – Febuary 2018

Inside Track – Febuary 2018

Deflation fears are gone and inflation expectations are up, but it is important to remember that potent structural factors restrain price inflation: ageing, technology and inequality – all three put a lid on long-term inflation.

The US growth potential will only improve when companies invest in new technologies, instead of spending cash on dividends and share buybacks.

The “Trump tourism slump” is proof that governments with an unwelcoming attitude towards foreigners deter tourism.